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CZM News Room

January 30 , 2007

VANCOUVER, CANADA, January 30, 2007, - CZM Capital Corp. (the "Company"), (TSXV: CZM) is pleased to announce results from the second phase of drilling completed at the TAG Property in November 2006. Eleven drill holes were drilled to test the "025 Fault" at depth and along strike from the "Main Zone" showing where six shallow holes drilled in April 2006 all intersected gold-silver mineralization. The Main Zone consists of quartz breccia and stockwork veining within the "025 Fault" and also incorporates sulphide veinlets and disseminations in the wallrock adjacent to the fault. The Tag Property is located 35 km west of Atlin in Northern British Columbia.

All eleven holes encountered the 025 Fault and returned notable gold-silver values ranging up to a maximum of 5.7g/t gold ("Au") and 300.0g/t silver ("Ag"). The best intersection returned 3.6g/t Au and 22.9g/t Ag over 4.7 m from 188.4 to 193.1m in TAG06-21. This intersection is included in a broader intersection of 2.2g/t Au and 9.3g/t Ag over 16.2 m. The widest intersection returned 1.0g/t Au and 3.8g/t Ag over 27.5m from 204.2 to 231.7m in TAG06-22 and, similar to the intersection in TAG06-21, includes a higher grade sub-section of 2.0g/t Au and 9.0g/t Ag over 3.5m at the footwall contact. Higher grade intersections typically four to five metres wide were found in almost all of the holes drilled and this appears to be a characteristic feature of the 025 Fault. It also appears that the gold-silver grades are improving moving north along the fault structure. Weight averaged intersections of the eleven holes are included in the table at the bottom of this release.

Zachery Dingsdale, President of CZM states: "Historically, gold-silver mineralization in the Tagish Lake region has been found in very narrow quartz veins. We are very encouraged by the unprecedented broad zones of gold-silver mineralization that CZM has encountered to date by drilling the 025 Fault." CZM intends to continue drilling on the property as early as March 1, 2007. A fully winterized camp has been built and Kluane Drilling Inc. has stored a diamond drill and bulldozer on the property.

All analytical work was conducted by Bourlamaque Assay Laboratories Ltd. ("Bourlamaque") in Val d'Or, Quebec. Bourlamaque is not accredited but it is independent of CZM, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Gold was determined by conventional 30g fire assay-atomic absorption finish method. Silver was determined by aqua regia digestion-atomic absorption finish method. Over limit results were determined by gravimetric finish. Mark Fekete, P.Geo is the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the preparation of this release.

CZM Capital Corp. is a mineral resource company focused on the exploration and development of precious metal properties in Canada with a particular emphasis on the Tagish Lake region of Northern British Columbia.

On behalf of CZM Capital Corp.,
Zachery Dingsdale
President & CEO

CZM Capital Corp. is a resource exploration company focused on the exploration and development of precious and base metal properties in Canada.

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